---
schema_version: "secwatch.filing_event.v1"
accession: "0000794170-24-000030"
form_type: "8-K"
ticker: "TOL"
cik: "0000794170"
company_name: "Toll Brothers, Inc."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:44:52.609180+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Toll Brothers Q2 EPS $4.55 beats; raises FY guidance to ~$14.00; contracts up 30%

## Summary
- Net income $481.6M ($4.55 diluted EPS) vs $320.2M ($2.85) YoY; includes $124.1M land-sale gain.
- Home sales revenue $2.65B (+6% YoY); delivered 2,641 homes (+6%); net contracts $2.94B (+29%).
- Adjusted home sales gross margin 28.2% (60 bps above guidance); SG&A 9.0% (70 bps better).
- FY2024 EPS guidance raised to ~$14.00; Q3 deliveries seen 2,750-2,850 units; avg price ~$955K.
- Quarterly dividend increased 10% to $0.23/share; repurchased $181.2M stock at avg $120.60.

## SEC filing metadata
- accession: 0000794170-24-000030
- form_type: 8-K
- ticker: TOL
- cik: 0000794170
- company_name: Toll Brothers, Inc.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794170/000079417024000030/0000794170-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794170/000079417024000030/tol-20240521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794170-24-000030
- JSON: https://secwatch.observer/filing/0000794170-24-000030.json
- Plain text: https://secwatch.observer/filing/0000794170-24-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.